Russian Fund of Finnish Origin (article from Private Equity Russia & CIS Journal №6)
CONTENTS OF THE INTERVIEW
Mihail Malkov answered the following questions of Private Equity Russia & CIS Journal in the interview:
- Investment group Essedel works in Russia and Finland during 16 years and serves as a private equity investor. What were the reasons to start private equity investments 16 years ago and how did the company start?
- What does currently represent the company?
- In what companies and under what conditions do you invest? What are the sums and expected returns? What is the role of Essedel in portfolio companies?
- Which industries do you prefer to invest in? Why?
- How many projects did you invest in during the work of Essedel on private equity market? How many exits did you have?
- What profitability did you have during your work on the market?
- Why Russia and why Finland? Do you look at any other regions? What opportunities do you see on Russian market?
- What are the major differences of working and doing business in Finland and in Russia?
- As we know currently Essedel is in the process of fundraising for its Essedel Russia Opportunity Fund. The second closing of it is done and you have already 15 investors for it. Who are that investors?
- How do investors look at Russia when you talk with them during fundraising? Is it hard to attract money for Russia?
- What are the main problems that you deal with while working on private equity market in Russia?
- What do you think can be additionally done by the government in Russia to improve the private equity market in the country?
- Do you expect to close any new deals this year?
- With whom could companies contact on questions of private equity investments from Essedel?